EOS / BitcoinLong
EOS/BTC HUGE RSI bullish divergence
Updated
This chart looks very promising. We have three reasons to support a bullish case.
1. We clearly have an amazing bullish divergence on H4 RSI
2. We are testing 200MA H4 as resistance right now, if we can squeeze through with a confident close, we can expect at the very least 20% growth
3. BTC.D chart is looking bearish which means ALTS (i.e EOS) are bullish
Remember, this is not a 100% guaranteed scenario, the markets can always surprise you when you expect it the least. Always do your own research and happy trading!
1. We clearly have an amazing bullish divergence on H4 RSI
2. We are testing 200MA H4 as resistance right now, if we can squeeze through with a confident close, we can expect at the very least 20% growth
3. BTC.D chart is looking bearish which means ALTS (i.e EOS) are bullish
Remember, this is not a 100% guaranteed scenario, the markets can always surprise you when you expect it the least. Always do your own research and happy trading!
Note
Trade is STILL ACTIVEBTC dominance chart continues to take a beating so we stay bullish, although this H4 200MA is proving to be a very strong resistance we are close to conquering it
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